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South Korean authorities suspect the North Korean hacking group Lazarus was behind yesterday's Upbit attack.
Nov 28, 2025
On November 28, according to Yonhap News Agency, the South Korean virtual asset exchange Upbit suffered a hacker attack yesterday, with virtual assets worth 44.5 billion won stolen (Upbit disclosed 54 billion won yesterday). Currently, the Lazarus Group, a hacker group affiliated with the North Korean Reconnaissance General Bureau, is highly suspected of being behind the attack. On November 28, local time, Yonhap News Agency learned from the information and communication technology (ICT) industry and relevant South Korean government departments that, given the high suspicion surrounding the Lazarus Group, authorities are conducting an on-site investigation of Upbit. This hacker group was previously accused of involvement in the 2019 theft of 58 billion won worth of Ethereum from Upbit. A government official stated, "This attack is unlikely to have targeted the server; it's more probable that the attacker stole the administrator's account or impersonated an administrator to transfer funds." He added, "Based on current information, hackers used the same method to launch attacks six years ago, so we speculate that this is the same modus operandi." [PANews]
(Translated by AI)
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BlockBeats:Analysis: The mastermind behind the Upbit hack should be the North Korean hacker group Lazarus Group
律动:Analysis: The mastermind behind the Upbit hack should be the North Korean hacker group Lazarus Group
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ForesightNews:South Korean authorities suspect Lazarus Group as the attacker in the Upbit theft incident.
Odaily:South Korean authorities suspect that the mastermind behind yesterday's Upbit attack was the North Korean hacker group Lazarus.
TechFlow:South Korean authorities suspect that the North Korean hacker group Lazarus was behind yesterday's Upbit hack.
ChainCatcher:South Korean authorities suspect that the North Korean hacking group Lazarus is behind yesterday's attack on Upbit.
PANews:South Korean authorities suspect the North Korean hacking group Lazarus was behind yesterday's Upbit attack.
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